The AMF makes key visit to Beijing for a Sino-French Dialogue on Asset Management
At the third High-level Economic and Financial Dialogue meeting between France and China, the Autorité des Marchés Financiers (AMF) and the China Securities Regulatory Commission (CSRC) co-chaired a Sino-French forum on asset management in Beijing on 17 September 2015.
XIAO Gang, Beijing, 18 September 2015
Organised in partnership with the French Asset Management Association (AFG) and the Asset Management Association of China (AMAC), the forum brought together some 100 participants representing market regulators and French and Chinese asset management associations and industries.
The event illustrates the special and long-standing relationship between the two authorities and marks a new step forward in the development of their cooperative initiative in the regulation and oversight of asset management activities. The French and Chinese representatives stressed that the unlocking of synergies between the two markets and notably the alliance of their asset management industries could make a key contribution to the growth of their economies.
The Forum was an opportunity to underline the key role played by Paris in the elaboration of European asset management regulation as well as the vitality of its management industry and the investment opportunities it offers to international investors.It was also an occasion to highlight the role played by Paris as an RMB offshore financial centre in the euro zone and applaud the progress made as part of the RMB Qualified Institutional Investors (RQFII) programme.
In a bilateral meeting, AMF Chairman Gérard Rameix and CSRC Chairman Xiao Gang agreed to continue their cooperative efforts and, in particular, the discussions aimed at facilitating the development of cross-border initiatives in asset management. They also reaffirmed their commitment to cooperating within the international bodies in which they participate and to upholding international standards that foster the transparency and integrity of markets and the protection of investors.
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Head of publications: The Executive Director of AMF Communication Directorate. Contact: Communication Directorate – Autorité des marches financiers 17 place de la Bourse – 75082 Paris cedex 02